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The Binary Contingent Choice Model 11
A Simple Application Of The Model 18
added 1/2hr additional visitors affect tourists analysis assumed Attribute Coefficients baseline model behavior cars ceteris paribus Choice Models commuters Contingent Valuation Cost destination attraction DTime estimated factors ﬁrst 1/2 hr ﬂat rate Fort Adams Hensher income inﬂuence interaction Island Transportation Center Land Economics large number likelihood function logit model marginal utility modal choice multinomial logit Newport visitors normally distributed parking and transit parking location parking lot Parking Pricing population heterogeneity preference survey Private $8 public transit public transportation random coefficients logit random coefficients model random effects logit random effects model Random Parameters random utility model reducing congestion Resource Economics respondents Rhode Island Transportation robust scenic seasonal tourist significantly Speciﬁcation standard deviation Statistics tourist destinations tourist preferences tourist transit town center traffic transit altematives transit choices transit plan transit strategies transportation plans Transportation Research trip characteristics trolley visited Newport Walk mode water shuttle waterfront Wharf willingness to pay